Major Bitcoin Miners Sell Part of $8B Holdings to Fund AI Data Center Shift
Several large Bitcoin miners controlling more than $8 billion in BTC have started selling portions of their reserves to fund AI data center expansion, Bloomberg reports. MARA Holdings, the second largest corporate Bitcoin holder after Strategy, is considering selling part of its nearly $4 billion BTC position, while CleanSpark and Riot Platforms have changed leadership roles to accelerate their move toward AI. Bitdeer Technologies has sold off its Bitcoin holdings in full as part of this broader shift, driven by rising power costs and tighter mining margins.